About AGBWX
American Century Global Bond Fund – Y Class is a diversified mutual fund focused on the global fixed income market. Its primary objective is long-term total return through broad exposure to investment-grade bonds across regions and sectors. The portfolio invests at least 80% of net assets in bonds and maintains a substantial allocation to non-U.S. issuers, providing access to developed markets with the flexibility to include emerging markets when appropriate. The fund is benchmarked to a global aggregate bond index that reflects government, agency, corporate, and securitized debt across the United States, Europe, and Asia, typically using a currency-hedged framework to manage foreign exchange risk relative to U.S. investors. Positioned within the world bond category, it serves as a core fixed income holding that can complement domestic bond allocations by adding geographic, sector, and issuer diversification. The Y share class is designed for institutional or intermediary platforms, aligning professional distribution with the fund’s broad mandate and risk-managed approach to interest rate, credit, and currency exposures.
Fund Family American Century Investments
Category World Bond-USD Hedged
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol AGBWX
Share Class Y Class
Index Bloomberg Global Aggregate TR USD Hedged
AGBWX had a total return of 1.23% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.57%.
